Earnings Release for the quarter ended June 30, 2026.

Date: August 12, 2026 To, To, Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited, P J Towers, Dalal Street, “Exchange Plaza”, C-1, Block-G, Mumbai- 400 001. Bandra Kurla Complex, Bandra (E), BSE: Scrip Code: 531112 Mumbai- 400 051. NSE Trading Symbol: BALUFORGE Sub: - Earnings Release for the Quarter ended June 30, 2026 Dear Sir/Madam, Please find enclosed herewith the Earnings Release for the Quarter ended June 30, 2026. Kindly take the same on your record and acknowledge. Thanking You, Yours Truly, For Balu Forge Industries Limited Jaspalsingh Chandock Managing Director DIN: - 00813218 Enclosure: As above EARNINGS PRESENTATION Q1 FY27 BSE : 531112 | NSE : BALUFORGE PRECISION ENGINEERING & POWERING THE FUTURE August 2026 Introduction to Balu Forge Leading with Precision Machining and Engineering Core Product Portfolio Crankshaft Railway Wheels Aerospace Agriculture Automotive Defence Earth Moving Industrial Locomotive Marine Oil & Gas Railway Wind Energy Machinery Vehicles Machining & Assembly Machining & Assembly Empty Shells Brake Components Hattargi, Hukkeri Kakti, Belgaum Hydraulic Motors 22,000+ MTPA 58,000+ MTPA Turbine Blades 7+ Acres 35+ Years 46+ Acres Lifting Hooks Under Carriage Components Established of extensive New Advanced Manufacturing Facilities industry experience Manufacturing Facilities Key Financial Metrics Rs. 11,074 Mn Rs. 2,896 Mn FY26 Revenue FY26 EBIT 26.2% Rs. 317 Mn Forging infrastructure: Outsourcing strategy to be Forging 25T, 16T and 10T Hydraulic FY26 EBIT Margin Cash Flow from gradually replaced by in- Hattargi, Hukkeri Hammers Line 8,000T Operations house forging capabilities. Mechanical Press Line Increasing to 1,50,000 MTPA 100,000+ MTPA 1,000T Hydraulic Press Line 21.7% 19.6% FY26 ROCE FY26 ROE Business Journey Successful Track Record of Acquiring and Integrating High End Forging & Machining Equipment 1989 1991 1995 2006 2010 2011 2012 The foundation First First component Acquisition & Acquisition & The company Got accredited with of ‘Balu’ was component exported to an Installation of the Installation of the successfully achieved ISO/TS16949:2009 laid by Mr. manufactured overseas market Ursus Manufacturing Thyssenkrupp the milestone of accreditation from Prehlad Singh in our factory Plant from Ursus, Plant from building a presence in world renowned Chandock Poland L’horme, France over 80 countries company TUV NORD worldwide 2014 2017 2020 2021/2022 2023 2024 2024/2025 Achieved Became a supplier Got Accredited with Acquired the Laid the foundation Acquisition of 3 Invested in 7 axis, manufacturing of of Choice to over the 14001:2015 & ISO Precision Machining for the greenfield fully automated 11 axis machining 1000 crankshafts 25 OEs spread 45001:2018 Unit of the Mercedes forging & forging lines with capability, 25T in a single day over 5 Continents Certifications. Became Benz Truck factory machining facility GERB Technology Hydraulic an Approved Vendor to from Mannheim, spread over 46 namely: 16T, 10T hammer line & a the Ordnance Factory Germany Acres in Belgaum, Forging Hydraulic fully automated Board & established a India Hammer & 8000T Empty Shell & specialized Balusuccessfully Forging Press. Mortar production manufacturing unit for completed the ESG line with an the Defence Industry. audit by a reputed annual capacity Balu completed the audit firm & joined of 360,000 shells transition & listing on the United Nations per annum the Stock Exchange. Global Compact The constitution of the Program company was changed in its efforts to be to public limited ESG compliant company Balu Forge Equity Story • Manufactures precision machined and forged components Precision Engineered 1. Product Portfolio for • Serves diverse end-markets including automotive, industrial machinery, power generation, defence, and railways Global OEMs • Supplies precision-engineered components to 25 global OEMs across 80 countries • Operates four facilities across India and the UAE with integrated forging, heat-treatment, and machining lines Acquired Integrated 2. Manufacturing • 16 Ton hydraulic hammer, 8,000 Ton mechanical presses, CNC machines and robotic systems for high precision component production Platform • Acquired facilities from Mercedes-Benz Truck AG (Germany), Thyssenkrupp AG (France), and Ursus SA (Poland) • Developing a 46-acre facility with machining capacity of 58,000+ MTPA and a captive forging capacity of 1,00,000+ MTPA Facility at Hattargi 3. Provides Platform for • Advanced automation, digital systems, and a scalable platform for complex components strengthen export capability Future Growth • This facility will raise total Machining Capacity to over 80,000+ MTPA and Forging Capacity to 1,50,000+ MTPA • Expanding into defence, aerospace, railways, energy, and industrial equipment sectors with complex precision components Expanding in 4. High-Value • Commercialized 360,000 shells p.a. empty shell forging and machining line Engineering Sectors • Secured approvals for 180+ products across these segments, strengthening customer relationship and qualification base • Equipped with 7-axis and 11-axis machining systems and a 25-ton hydraulic hammer for high-precision components Ongoing Investment 5. in Technology and • A Dedicated R&D team of 75 people and design centre focused on new product development and process optimisation • Industry 4.0-enabled automation enhances productivity, accuracy, and traceability across operations • FY26 Revenue from Operations of Rs. 11,074 Mn with EBITDA margin of 27.0% and PAT margin of 22.7% High Margin Growth 6. with Well Capitalised • ROCE of 21.7% and ROE of 19.6%, highlighting efficient utilization of capital and shareholder funds Balance Sheet (FY26) • Cash flow from operations of Rs. 316.9 Mn, reflecting positive cash generation despite geopolitical uncertainties 4 Chairman & Managing Director’s Message “Q1 FY27 has been a defining quarter for Balu Forge Industries Ltd (BFIL), as the Company continued to scale the value chain across high-value, technology-intensive engineering segments. During the quarter, Revenue from Operations was Rs. 3,007 Mn, registering a growth of 29.0% YoY, while EBITDA increased by 17.3% YoY to Rs. 848 Mn, with an EBITDA margin of 28.2%. Profit After Tax was Rs. 661 Mn, representing a growth of 15.9% YoY. This performance was accompanied by meaningful developments across aerospace, defence and precision heavy engineering, further advancing the Company’s transition towards higher-value engineering applications. The maiden aerospace order from the United States marks a milestone in BFIL’s journey, signalling entry into the highly regulated global aerospace supply chain. This breakthrough validates the Company’s precision engineering capabilities, expertise across advanced alloys and stringent zero-defect quality standards. BFIL is now positioned to expand its portfolio of Mr. Jaspal Singh Chandock aerospace components and capitalise on growing global demand for resilient aerospace manufacturing hubs. Chairman & Managing Director The Company has also made significant progress in defence manufacturing, including incremental orders for large-calibre artillery shells. Beyond munitions, BFIL is expanding its presence in precision defence through the development of complex, mission-critical forged components for armoured vehicles and aerospace defence applications. Fully automated, Rs. 3,007 Mn indigenously developed production lines provide the foundation to capture these opportunities with scale, consistency and Q1 FY27 Revenue (29.0% YoY) efficiency. These developments further strengthen the Company’s role in India’s defence indigenisation efforts. In addition to aerospace and defence, BFIL is steadily expanding its precision heavy engineering capabilities. Growing demand for high durability, tight tolerance components across heavy mobility, specialised industrial machinery and energy transition Rs. 848 Mn [Showing first 8,000 characters — download PDF for full document]